Word: steepest
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Inflation may not be dead, but it certainly seems to have gone into hiding. The Department of Labor last week reported that the Consumer Price Index fell .4% in March, equaling February's decline. It was the first back-to-back price drop since 1965 and the steepest two-month decrease in more than 36 years. The main cause: declining energy prices, which were off 6.5% for the month...
...hundred years have not made the descent any kinder; it remains a knee-jarring scramble down to where the Grose River jostles between boulders, and, just as Caley's men did with homemade twine, the team has to lower its packs on rope where the rock face is steepest. The cool Grose waters provide only short relief before a lung-bursting ascent to the top, where Caley and his men tried to quench their burning thirst with native currants...
...Chinese crash is contributing to fears that the global economic recovery-already under pressure from skyrocketing oil prices and rising interest rates-is in peril. Asian stock markets are throwing off storm warnings: on May 10, the region's bourses tumbled by as much as 5.7%, registering their steepest one-day declines since the Sept. 11 terrorist attacks, partly because of fears that a slowdown in China could damage regional economies...
...Japan, tree prices are at their steepest. Expect to pay around $150 for that fine...
...Tyco, WorldCom and Wall Street are now being described as the largest gang of upper-income banditti since the Ponzi, Insull, bank and bucket shop defendants of the early thirties. The recent peak-to-trough decline of nearly 75% in the tech-heavy Nasdaq also happens to represent the steepest decline in a major stock market index since the Dow Jones Industrial Average fell more than 80% between...